Tuesday, April 29, 2014

U.S. Homeownership Rate

Even with the US "recovery," home ownership is at mid-1990s low. I remember at the time, there were lots of military base closures hitting local neighborhoods.  Fast-forward to today, and the unemployment rate is still high, wages are stagnant, and loans are tougher to qualify for.

But interest rates are low!

U.S. Homeownership Rate: Lowest Since Mid-1990s

Conor Dougherty

The Wall Street Journal. - The Wall Street Journal. - Tue Apr 29 22:52:56 UTC 2014

The U.S. homeownership rate hit its lowest level since the mid-1990s, a reminder that despite two years of recovery there is still a way to go before the housing market is back to normal.

If you have Windows 8, open this in The Wall Street Journal.

Sent from Surface Pro

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